PFaroe is a web-based platform that provides detailed and
regular pension information encompassing liabilities, assets and
risk. PFaroe's detailed cashflow modelling analytics are a
fundamental requirement of designing a comprehensive solution for
the increasing number of pension plans moving towards an LDI
strategy. Initially launched in the UK, PFaroe has already been
adopted by many of the UK's largest pension plans, including Aga
Rangemaster Group, Babcock International, Daily Mail & General
Trust, HSBC, Invensys, National Grid and Trinity Mirror.

"As an investment manager of significant LDI and pension assets,
our asset/liability service continues to be a core activity in
delivering customized solutions to our clients, and we are pleased
to have added this capability" said Gary J. Madich, CFA and Global
CIO - Columbus Fixed Income.

Owais Rana, Head of LDI Solutions for Columbus Fixed Income
comments "PFaroe's modeling engine, its user-friendly interface and
its ability to present results simply but effectively enables us to
gain efficiencies and scale for our LDI Solutions business".

Fiona Page, CEO, RiskFirst Analytics adds "we are delighted
that J.P. Morgan, one of the world's leading financial
institutions, has chosen PFaroe to enhance its offering to the
corporate pension market".